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Published on 9/10/2020 in the Prospect News Bank Loan Daily, Prospect News Convertibles Daily, Prospect News Green Finance Daily, Prospect News Investment Grade Daily and Prospect News Preferred Stock Daily.

Fitch gives Dominion notes BBB+

Fitch Ratings said it assigned a BBB+ rating to Dominion Energy Inc.’s up to $1 billion issuance of 2020 series D floating-rate senior notes due 2023.

Proceeds will be used for general corporate purposes and to repay short-term debt, which as of Aug. 31, included $956 million in outstanding commercial paper.

Dominion’s long-term issuer default rating is BBB+ with a stable outlook.


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